- NaranJ2024
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
TAIBA operates within the Real Estate sector focusing on Diversified Real Estate Activities. It is involved in owning, investing, buying, selling, leasing, managing, operating, and maintaining properties, real estate, hotels, hospitals and entertainment, and tourist centers. It also engages in agricultural, industrial, and mining activities, as well as in wholesale trading and retail in consumer goods and agricultural, mechanical, and electronic equipment, machinery, and devices. TAIBA is based in Medina, Saudi Arabia and was established in September 1988.
TAIBA —  TASI —
MACD line has just crossed the signal line from the below and a positive histogram chart is forming. This can be considered as a bullish signal.
The short length exponential moving average (10 EMA) is about to cross the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.
Based on our Saudi stocks trading calls, Taiba Investments stock price target will be SAR 44.5 - SAR 45 in the next 14-15 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website
